Chavez Jr. manager delivers withering attack on Top Rank's negotiating tactics | Boxing
sports.yahoo.com/blogs/boxing/chavez-jr--mana...
sports.yahoo.comPosted May 9, 2014, 5:00 PM UTC
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sports.yahoo.comGood, fuck Arum.
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So it was only a one fight extension? Jesus, 17 million dollars in 2 fights without having sign my life away in long term contract sounds pretty good to me.
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17 million if he wins. 12 if he loses. If Chavez beats Golovkin, he becomes a legit superstar--I don't think he's crazy to imagine that he would be worth more than 10M in that case. It's definitely not a bad deal, but I understand why he wouldn't want to sign an extension--he already feels that Arum has been cheating him, so it's more than just money that's motivating him to refuse an extension. He'd be placing his career in the hands of someone he just doesn't trust.
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Chavez Jr has a long career ahead.of him to go. If he beat Golovkin he'd easily just get the money from TR and then just jump ship to Golden Boy when it's over and make even MORE money.
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Or, he could get injured in two fights and his career could be over.
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He could get injured tomorrow and his career can end.
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If that's his fear he should just retire then.
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What possible fight can get get him 10 million dollar without Top Rank? A win over Golovkin is not going to make anyone that big of a star. Cotto's 10 million offer for a Canelo megafight sounded extraordinary at the time. And Chavez is not the star Cotto is and he has no Canelo equivalent to fight at 168. No clue how Bob would pull it off.
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Golovkin rematch, Carl Froch in England, winner of Stevenson-Kovalev if that fight happens, winner of Stevenson-Hopkins if not, Sergio Martinez rematch if Sergio beats Cotto and Chavez really gets his ass in gear and makes 160 again (unlikely, but possible). All these fights would probably be worth over 10M for Chavez, and none of them involve Top Rank. Are those fights guaranteed to happen if Chavez wins? No, not guaranteed, but if he signs the extension he is guaranteed not to be able to make one of those fights for over 10M. If I'm Chavez, I don't like that.
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So Froch and Martinez fights are the only serious fights you mentioned. He's not going to jump to Light heavy any time soon. Doesn't matter if he makes that weight in every fight.
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There were multiple other offers by Top Rank, which always included extensions. The richest one was a $7 million guarantee with a one-fight extension for $10 million if he won and $5 million if he lost. Again, we accepted the fight but not the extension.
That sounds like a hell of an offer to turn down, coming from a guy who took two tries to beat Vera. He's turning down large sums of money, win or lose. Someone was on here the other day complaining we never get to see the numbers behind a negotiation, well now they're showing us exactly how the sausage is made. Granted you can’t believe everything you read, and this guy did spend a large portion of the article just making shit up, but he seemed pretty clear on the exact figures for the offers that TR made.
Looks like we'll be seeing either Andy Lee or The Latin Snake to get crushed.
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Well, who is to say that Arum wouldn't try to pull the same stunt when the time comes for that $10/$5 million fight? Push for another small extension and keep doing that.
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The two fights would already be negotiated, he couldn’t go back and retroactively change the terms of a deal. He could however try to do the same thing for any additional fights beyond those 2 that were contracted.
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Yes, that is what I meant.
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Wouldn't see anything wrong with that.
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Because Chavez Jr could just turn down the offer when the contract would expire.
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He beat Vera the first time, yeah it wasn't impressive but who cares. I don't don't for example. Why is everyone excited to see Chavez fight Golovkin if he sucks so much? Fuck Arum BTW, he's the main reason why all this bullshit is going down in boxing. Die already you fucker.
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Well, considering so many fighters seem to be going sans promoter and dealing directly with people like Al Haymon for really impressive deals, I wouldn't be surprised if Julio thinks that it doesn't really matter how good the deal that Bob can give him is because he can likely get better w/an independent cat.
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i'm breaking this down in the newsletter. I think Chavez Jr is an idiot.
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I think Chavez Jr is an idiot.
I've got a couple feelings. He's certainly over estimating his value in my opinion. Those are solid offers. We discussed in another thread, how I think there must be another promoter offering him a generous sum. Otherwise how would he turn this down?
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Hey, remember the link about Hayman offering 42 million to Jr? And now this tweet from the watson twins saying "we killed the GGG fight"
https://mobile.twitter.com/SamWatsonTwins
All I could say is fuck them if that's true. Taking pride in killing potentially one of the best fights of the year. You might want to include that in the newsletter.
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I think that's a fake account.
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that would make sense, low # of followers
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Why do we always look at it as the fighter, who is risking his life, turning down a lot of money? It seems like Arum is turning down making more than either fighter to get that one fight extension.
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Why do we always look at it as the fighter, who is risking his life, turning down a lot of money?
The promoter could back any fighter and potentially make a lot of money. Maybe not any fighter, but you hopefully can see my point. Which is stars are created, Paulie said it best I'll paraphrase him "there are a 100 Adrien Broner's in gyms all across America, he just had the good fortune of getting hooked up with a powerful promoter/manager". I think that's part of why we look at it from the perspective of the fighter.
But more to your point, you're right and it's something I brought up a couple days ago. In this specific case Arum's got almost as much to lose as jr. and it might really hurt him in the long run, or it might not.
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Why do we always look at it as the fighter, who is risking his life, turning down alot of money? It seems like Arum is turning down making more than either fighter to get that one fight extension. FTFY
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I have to say, while this whole situation sucks from a fan's point of view, I can't help but be fascinated with the business information that has come out as a result of this dispute. It sheds a lot of light on how fights and purses are negotiated and the type of contracts promoters sign fighters to. We may not get to see the fight, but at least we get a glimpse into how the sausage is made.
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Well there's always two sides, I don't know who to believe at this point.. And the two fightextens ion was after this contract end? That I don't understand
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This uncertainty is why we need less promoters and more managers
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Any one of those deals is more than fair to Chavez he. With everything top ranks invested in him. With him needing two shots to beat Vera. I don't see anything wrong with it, if Chavez jr had the goods this would have been the fight that proved it. No surprise Chavez finds another way to dissapoint the fans.
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Considering he'd most likely get his ass whooped by GGG, a guaranteed 5-10 million for the 2nd fight sounds pretty fair.
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Where would Chavez go then?
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I was thinking Chavez Jr was angry with Arum and because that.he just planned to jump ship because he thought Arum would rob him or something.
I think Chavez Jr just didn't want to fight Golovkin and Haymon took a chance and showed him a box full of cash so it seems better idea to jump ship.
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Totally plausible.
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Chavez is not afraid to fight GGG, all he wants is to be treated fairly. Don King stoled millions from Chavez Sr. So Chavez jr does not want Arum to do the same. Can't blame him for looking out after himself.
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Chavez is a talentless spoiled silver spoon fed brat that should have 6 loses on his record, and is only famous because of his father's name and Arum's promoting. I really hope he loses his next fight against whatever journeyman he faces on regular HBO.
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And this is why I hate Bob Arum and I wish Top Rank burns to hell. His old- greedy ass tries to take advantage of fighters and cheat them away from their finances.
Psychopath in its fullest definition.
he's older than the U.S president, I think he should just retire, does he even have another guy to give the stick to?
I think TR's golden age was when they had sugar, herns etc. They're on the line for the last years of Pac
He has his son in law i believe todd duboeuf. Yeah they have done a lot for boxing and have put some legendary fights together but they're just going downhill now.